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EPFOs apex decision-making body Central Board of Trustee will take a call on the interest rate on employees provident fund deposits for 2021-22 in its meeting next month. (DC file photo)

EPFO to take call on interest rate for 2021-22 in March

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March...

13 Feb 2022 7:23 PM GMT

Business

Eminent industrialist Rahul Bajaj dies at 83

President Kovind and PM Modi expressed grief at the demise of Bajaj and recalled his contributions to the world of...

13 Feb 2022 2:10 AM GMT

Union Finance Minister Nirmala Sitharaman in the Rajya Sabha, during ongoing Budget Session of Parliament, in New Delhi. (Photo: PTI)

Business

Retail inflation contained at 6.2% despite biggest contraction in...

The finance minister stated that the objective of the budget is a stable and sustainable recovery in the economy

11 Feb 2022 6:16 AM GMT

Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photo

Business

RBI maintains status quo; leaves repo rate unchanged at 4 per cent

RBI retained its growth projection at 9.2 per cent and inflation at 5.3 per cent for the current financial year

10 Feb 2022 5:23 AM GMT

In this file photo taken on November 27, 2019 an Amazon sign is pictured at the Amazon Fulfilment Centre in Peterborough, east England. (Photo: AFP)

Business

FRL-Reliance merger: Supreme Court notice to Future group on plea of...

A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group...

9 Feb 2022 6:32 AM GMT

In barely three years, Adani has gained control of seven airports and almost a quarter of Indias air traffic. (Bloomberg)

Business

Gautam Adani overtakes Mukesh Ambani as Asia's richest person

With an almost $12 billion jump in his personal fortune, Adani is the world's biggest wealth-gainer this year

8 Feb 2022 8:33 AM GMT

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Business

MPC may hold back rate hike

Policy normalization is set to commence in April with a stance change and reverse repo hike

6 Feb 2022 8:32 PM GMT

Union Minister of Finance Nirmala Sitharaman with MoS Pankaj Chaudhary arrives at Parliament for the presentation of the Union Budget 2022-23, in New Delhi, Tuesday, Feb 1, 2022. (PTI Photo/Kamal Kishore)

Business

India's digital currency to debut by early 2023

Finance Minister Nirmala Sitharaman in her budget speech last week talked about launching a central bank-backed 'digital...

6 Feb 2022 5:46 AM GMT

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

Business

Bank of India posts 90% jump in Q3 profits

The net interest income key indicator of profitability, declined by 8.9 percent at Rs 3,408 crore against Rs 3,740 crore...

5 Feb 2022 5:22 AM GMT

A medic administers a dose of Covid-19 vaccine to a beneficiary at a government vaccination centre in Bengaluru. (Photo: PTI)

Business

Centre slashes healthcare spending by Rs 33,809 crore

The Budget estimates that the requirement for vaccination would be lesser in the coming fiscal year with many being...

5 Feb 2022 5:17 AM GMT

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Business

Intermediate goods imports post growth

For the third consecutive quarter, India had the highest growth of intermediate goods imports of 65 per cent

5 Feb 2022 5:00 AM GMT

$Sitharaman said, \Introduction of Central Bank Digital Currency (CBDC) will give a big boost to the digital economy. (PTI Photo/ Shahbaz Khan$ Business

RBI to issue Digital Rupee in FY23: Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

2 Feb 2022 2:04 AM GMT